One my Client have negative cash during some months of previous year because of negligence of Accountant, the reason is because they pay salary in cash , Please suggest me how can I make that positive
I have made a payment to Germany for Rent of Area hire for exhibition purpose . Whether I liable to deduct TDS from the payment I making, Also if yes than at what rate as the party doesn't have PAN no. Also Party gives me Invoice on which he state net payment. Please Solve....
WHICH RATES ARE APPLICABLE ON FOLLOWING SERVICES
1. DOMESTIC AIR TICKET
2. INTERNATIONAL AIR TICKET
3.HOTEL BOOKING
4.TRAIN/ BUS TICKET BOOKING
My friend asking what to do after TYBCOM, they dont want to do CA? please give suggestion........
As I am aware and have read that VAT registration is compulsory for dealers and sellers whose annual turnover exceeds 5 Lacs, But what about those who have just started business and don't have such turnover. How they will do their billing i.e. without VAT , what they have to do. please tell me
If Mr.x going to buy property for Rs.7 Lacs & he took loan from funds, freinds & banks etc. The amount of loan received in cash. But Mr.X wants to pay to the seller by way of cheque. Then Mr.x gave cash to his sons & took cheque from them & made payment.In the above situation whether any tax implication involved? whether any notice will be issued for the same from IT dep? As such big amt deposited & cheque issued? whether this transaction report in AIR in 26AS.
1. Who should pay securities transaction tax? Either the Stock broker or the income tax assessee who purchased or sold the shares.
2. What is the difference between Capital Gain Tax on shares and Securities Transaction Tax on share?
3. If Securities Transaction tax is deducted, then how capital gain tax should be calculated?
4. Securities Transaction Tax is paid. but there is no income tax as the income is below the ceiling limit including income from shares. Whether Securities transaction tax so paid can be claimed as refund.
kindly guide me
My mother-in-law sold residential plot (inherited) at a capital gain of Rs. 50.00 lakh. My wife sold another residential plot (self acquired) at a capital gain for Rs. 16.00 lakh. They purchased a residential flat for Rs. 73.30 lakh in joint name within one month of sale. My question is whether both can claim 'Nil" capital gain tax?
Dear Sir,
I have refund of Rs 9500/- for the f.y 2010-2011 but i have not filed my return for the same but now i want to claim the refund whether i can file my return now online or better to file online and what are the consequences for late filing and measure to save penalty.
Thanks....
Negative cash during 3 months